Cemex SAB de CV <CX.N> expected to post earnings of 22 cents a share - Earnings Preview
Cemex SAB de CV CX.N, CX is expected to show a rise in quarterly revenue when it reports results on July 25 for the period ending June 30 2024
The San Pedro Garza Garcia Nuevo Leon-based company is expected to report a 1.4% increase in revenue to $4.631 billion from $4.57 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
LSEG's mean analyst estimate for Cemex SAB de CV is for earnings of 22 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 1.2% in the last three months.
Wall Street's median 12-month price target for Cemex SAB de CV is $9.25, above its last closing price of $6.44.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2024 | 0.04 | 0.13 | 0.17 | Beat | 34.9 |
Dec. 31 2024 | 0.23 | 0.19 | -0.30 | Missed | -259.9 |
Sep. 30 2023 | 0.24 | 0.23 | 0.09 | Missed | -61 |
Jun. 30 2023 | 0.20 | 0.19 | 0.18 | Missed | -4.8 |
Mar. 31 2023 | 0.12 | 0.09 | 0.15 | Beat | 75 |
Dec. 31 2022 | 0.01 | 0.08 | -0.12 | Missed | -254.8 |
Sep. 30 2022 | 0.17 | 0.17 | 0.18 | Beat | 3.4 |
Jun. 30 2022 | 0.13 | 0.15 | 0.06 | Missed | -60 |
This summary was machine generated July 23 at 15:47 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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